900945 Stock | | | 0.29 0.01 3.57% |
Hainan Airlines financial indicator trend analysis is much more than just examining Hainan Airlines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Airlines is a good investment. Please check the relationship between Hainan Airlines Good Will and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Good Will vs Deferred Long Term Liab
Good Will vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hainan Airlines Good Will account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hainan Airlines' Good Will and Deferred Long Term Liab is 0.41. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Good Will and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hainan Airlines Co are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Good Will i.e., Hainan Airlines' Good Will and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Airlines Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 2.1
B, whereas
Tax Provision is forecasted to decline to (796.6
M).
Hainan Airlines fundamental ratios Correlations
Click cells to compare fundamentals
Hainan Airlines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hainan Airlines fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hainan Stock
Balance Sheet is a snapshot of the
financial position of Hainan Airlines at a specified time, usually calculated after every quarter, six months, or one year. Hainan Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hainan currently owns. An asset can also be divided into two categories, current and non-current.